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Buenos Aires: An Argentine agricultural engineer kidnapped in Nigeria and held captive for three days in the west African country claimed using the name of his famous compatriot, footballer Lionel Messi, calmed his violent abductors.
Santiago Lopez Menendez had been working in the west African nation since last year, planting soya and corn crops close to Kontagora in the north-west of the country, reports an Argentine website on Sunday.
But he was kidnapped earlier this week and beaten violently by his captors, who hardly spoke any English and thought he was north American.
It was then in desperation that Menendez tried to tell them he was Argentine and he was eventually able to calm down his aggressors with repeated cries of “Messi, Messi, Messi”.
Held captive for three days, the engineer was released after the company who employs him paid an undisclosed ransom to the kidnappers.
Back in Argentina, his brother Jorge said on Sunday, “Tell them I am grateful to Messi, he told me. Naming him is what saved me.”
Menendez is now safe and will return to his homeland. (IANS)
HUH Token launched and with it came a-way of potentially safeguarding HUH Token holders from a volatile market and overall HUH Token’s communal interests.
Shiba Inu saw a rise once again and it appears that HUH Tokens launch might just have skyrocketed altcoins to an all-new level of supremacy on the cryptocurrency market.
Though, you might not have come across the idea of vesting before and if you’re a HUH Token holder or a potential one you will want to know what that means for you and your tokens.
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You might have already heard about HUH Token’s vesting structure for their tokens but if you haven’t, you’re in the right place.
HUH Token will release HUH Tokens through a vesting contract because HUH Token believe that by doing this, they are safeguarding the HUH community and its interests… as one of HUH Token’s goals are to potentially create generational wealth for its holders and eventually those involved in MetHUH which vesting may be able to help with.
Though for now, post HUH Tokens stratospheric December 6th launch, HUH Token holders can expect to receive their tokens through the vesting structure.
Those who joined HUH Nation during its presale state will receive their HUH Tokens in an initial vesting period of six week from HUH Token’s launch, December 6th.
Then, the vesting contract is structured so that the allowance can be withdrawn across a linear curve from 5% to 1000%.
If you’re a HUH Token holder or a potential one you will want to know what that means for you and your tokens.
As well as HUH Token’s presale holder will receive 10x more tokens.
You might wonder why vesting is optimal for HUH Token and HUH Token holders and its because the vesting structure could be an extra layer of protection for your HUH Tokens and in turn another round of bubble wrap for your future.
You can check out further information on the vesting structure through HUH Tokens White Paper.
With safety and its holders at their core, HUH Token appear to always be searching for new and other ways to potentially protect HUH Token holders… like their use of a multichain (Ethereum and Binance), an always active Bug Bounty and Smart Contracts.
A Rise for The Not-So-Underdog?
Shiba Inu has seen considerable interest this week and that might just be because HUH Token launched on December 6th.
Though, Shiba Inu’s popularity this month can’t solely be down to HUH Token, and that’s because Shiba Inu rose from the underdog position once again and triumphantly secured many new investors in the year-old dog coin.
It seems that altcoins are becoming the fast favourite this Christmas time and that might be because they’re endeavouring to make investments safer for their holders… whether that’s by gaining more investment as a whole, like Shiba Inu, or vesting token release like HUH Token, it seems that cryptocurrency and the potential safety of it is on everyone’s mind given the recent market crash.
Also Read: Will safeMoon Be Eclipsed By HUH Token?
The Structure of Duration
The crux of almost all cryptocurrency is its duration potential and with that the likelihood that investors will see a good return… and for this reason the likes of Shiba Inu with its rise this week and HUH Tokens use of vesting could offer duration for their holders.
If duration is something you might be looking for in cryptocurrency Shiba Inu and HUH Token might just be for you.
There is beauty in the balance with HUH Tokens vesting and Shiba Inu’s rise that is set to benefit you for the long-term and not just offer you a short, unsustainable windfall.
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Disclaimer: (This article is sponsored and includes some sponsored links)
1inch Network is suffering from the same problem as all cryptocurrencies at the moment, a vast majority of cryptocurrencies have become bearish or appear that way for now. This has resulted in massive decreases in price and 1inch Network is no exception.
HUH Token is a newcomer to the market and hopes to defy the ongoing trend and encourage bullish behaviour. It aims to achieve this through its beneficial features for holders and the ability to create additional income the longer the token is held. This could be the encouraging factor that buyers need to begin purchasing once more.
1inch Network is the crypto project that created the 1inch app. The one 1inch app is the popular decentralised exchange, otherwise referred to as a DEX. Recently, the 1inch Network has proclaimed that it has a $175 million from their Series B funding round. This is an impressive increase from the $70 million that they had announced three months ago. Their target expanded after they hit the $70 million barrier and they have now achieved their new target.
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In order to achieve the funding that they required, 1inch sold its tokens at a discounted rate. It was quite a significant discount, the token was trading for approximately $3.60 and during the round, the price was $1.50. The idea behind the reduction in price was to reward those who were visionaries and believed in the future of the 1inch Network.
HUH Token has begun its vesting process and those involved in the presale will be receiving their HUH Tokens over the coming weeks. For those unfamiliar, vesting is a process whereby individuals receive their tokens over a period of time. The tokens become locked and then are released throughout the agreed time.
The tokens become locked and then are released throughout the agreed time.
Vesting is often done in order to ensure the longevity of a project. Often after presales or after ICOs a lot of people will immediately sell their tokens, causing a massive reduction in market price. Therefore, vesting is a pre-emptive option to stop this from happening. The project cannot develop over time if buyers plummet the price on the first day.
This will benefit HUH Token and the community surrounding them, they are focused on producing a community that will grow as their token does. This would not be possible if everyone could crash their price on the first day. HUH Token has the aim to create generational wealth for all of its holders and has claimed that it is here for the long haul, not an attempt to make a quick profit. This vesting process is evidence of that.
Also Read: Will HUH Token Disrupt The Stigma
In addition to vesting, they also have provided $1 million in liquidity that is locked in for two years. This would only be done if the creators believed in the project, those who make cryptocurrencies are not forced to lock their liquidity. It is a sign that those who purchase can have confidence that the token aims to continue developing and providing advantages for those who follow their project.
The crypto market is a wonderful place for many and can be cruel to those who have unfortunate timing. However, the market normally recovers, and those with long-term aims typically come out ahead.
With this in mind, projects such as 1inch Network and HUH Token have shared their news indicating their long-term goals. Joining them sooner rather than later will stop many from looking back in a year wondering why they aren’t among those who have benefitted from the projects.
Follow HUH Token on their Socials before they Launch:
Disclaimer: (This article is sponsored and includes some commercial links)
Toyota Motor Corp has announced that it is building a new $1.29 billion battery factory in North Carolina in an effort to bring some of its electric vehicle supply chain to the US.
Toyota announced that it will invest around $13.6 billion in battery tech over the next decade, including a $9 billion investment in production, as it attempts to electrify its vehicle lineup, reports The Verge.
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The new plant will initially be capable of supplying lithium-ion batteries for 8 lakh vehicles annually. In the first year, the firm is planning to produce 1.2 million battery packs for its upcoming lineup of electric vehicles
"This investment, which I believe is so far the largest private capital investment in North Carolina history... will create at least 1,750 new jobs and help us develop and localize automotive battery production which will pave the way for battery electric vehicles built here in the United States of America," the report quoted Chris Reynolds, the chief administrative officer for Toyota Motor North America, as saying.
The new manufacturing unit is expected to create 1,750 new American jobsUnsplash
Also read: Toyota Investing $500 Million in Uber
The new manufacturing unit is expected to create 1,750 new American jobs. The automaker emphasised it is committed to using 100% renewable energy at the new facility to produce the batteries.
Earlier, Toyota's subsidiary Woven Planet announced that it has completed acquisition of Level 5, the self-driving division of rideshare veteran Lyft.
Level 5 is a division of Lyft formed in 2017, specifically dedicated to self-driving technologies. In four years, the self-driving division has reached public road testing of its fourth-generation platform.
Keywords: Toyota, EVs, Battery Factory